This Test6 pls p0 kets Gift Shop uses a are not (Record debits first,then credits. whole dollar.) Exclude explanations from journal entries. Assume the company records sales at the net amount Round all numbers to the nearest Feb. 3 $3,700 of More Info Feb. 3 Feb. 3 Purchased $3,700 of merchandise inventory on account under terms 3/10, n/EOM and FOB shipping point 7 Returned $800 of defective merchandise purchased on February 3 9 Paid freight bill of $500 on February 3 purchase. 10 Sold merchandise inventory on account for $5,000 Payment terms were 1/15, n/30. These goods cost the company $2,500 and the discount. debt 12 Paid amount owed on credit purchase of February 3, less the return Date 28 R Feb. 7 to Feb. 9: Paid freight bill of $500 on February 3 purch Accounts Debit Credit n Choose from any list or enter any number in the input fields and then continue to the next question bar to access the